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Follow the Money
News on capital raises, mergers and acquisitions, private equity, and grant funding across Dallas-Fort Worth. From early-stage funding to public exits, here’s a look at deals making business news in the region.
The U.S. government awarded Lockheed Martin a multibillion-dollar contract to continue critical accelerated production of the Patriot Advanced Capability-3 Missile Segment Enhancement (PAC-3 MSE). [Image: Lockheed]
Lockheed Martin Gets $4.7B Contract for Upgraded Version of Patriot Missile
by David Seeley | Apr 13, 2026
For over a month, Patriot missile interceptors have been fired at Iran's incoming ballistic missiles by the U.S. and its allies across the Mideast. Now a multi-billion-dollar contract between the U.S. government and Lockheed—whose Missiles and Fire Control division is headquartered in North Texas—aims to deliver "record numbers" of the interceptors for American and allied forces this year.
by David Seeley |
Apr 8, 2026
McKinney-based MCG said TxLa strengthens its switchgear and modular capabilities, including e-house manufacturing, while adding technical expertise, increasing production capacity, and further strengthening the combined leadership team that has supported rapid growth.
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by David Seeley |
Apr 8, 2026
Launched in 2022, Precision Aerospace Holdings brought together Applegate EDM, Clearwater Engineering, Decatur Machine Services, Icon Machine Co., and Owens Machine and Tool Company under a single platform.
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by David Seeley |
Apr 7, 2026
Built in 2018, the 389-unit Ardan high-rise is located in the West Village district of Uptown Dallas, known for being one of the city's most walkable neighborhoods—with immediate access to Uptown, downtown, Knox/Henderson, and the Katy Trail.
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Sean Khosrovani, president and COO of Aeromax Industries [Photo: LinkedIn]
Fort Worth-Based Aeromax Acquires Precision Aerospace Machining Company
by David Seeley | Apr 6, 2026
Founded in 1955, Ely produces tight tolerance metallic components for the commercial and military aerospace market. The Torrance, California-based company focuses on milling, turning, and assembly of components in support of blue-chip aerospace companies, Aeromax said.
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by David Seeley |
Apr 2, 2026
In addition to acquiring The Container Store, BBB Executive Chairman and CEO Marcus Lemonis said his company is merging two other premium businesses—Elfa and Closet Works—into his company. As a result of the deal, The Container Store will be rebranded as The Container Store / Bed Bath and Beyond.
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by Sandra Engelland |
Apr 1, 2026
After an integration period, KDP plans to separate into two independent, U.S.-listed publicly traded companies, creating a Frisco-based Beverage Co. and a Global Coffee Co., based in Burlington, Massachusetts, with international headquarters in Amsterdam, the Netherlands. Rafael Oliveira will be CEO of the future Global Coffee Co. and Keurig Dr Pepper CEO Tim Cofer will serve as CEO of the future Beverage Co.
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by Sandra Engelland |
Apr 1, 2026
ThinkDTM founder Tij Bedi and his team will help lead the strategic expansion, scaling, and transformation of the IKS Health patient access suite of solutions, including patient scheduling, registration, demographic capture, insurance eligibility verification, and prior authorizations, IKS Health said.
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MECD President and CEO Michael Kowski with Alice McLaughlin, CEO of SyncData.ai. [Photo: MEDC]
McKinney Economic Development Corporation Invests in SyncData.ai
by Sandra Engelland | Mar 26, 2026
McKinney-based SyncData.ai's platform is built to help organizations of all sizes better manage risk while improving operational efficiency. MEDC said its investment is part of its ongoing focus to support companies that provide both an economic boost and robust innovation.
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by David Seeley |
Mar 26, 2026
The merger brings together two of the most trusted aviation consulting firms in the U.S. to offer aviation clients a more robust suite of enterprise-level services that "closes the performance gap" between a capital program's financial strategy and its operational execution, Paslay Group said.
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by Sandra Engelland |
Mar 26, 2026
“This acquisition reflects our continued commitment to helping customers maximize the value of their technology investments while supporting the evolution of global communications infrastructure,” said Scott Greer, CEO of Ivy Technology.
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by Sandra Engelland |
Mar 25, 2026
Healy Property Management managed a total of 134 units, mostly in North Dallas and Uptown, while Century 21 JFPM now passes the 2,000-unit mark with the deal. The move comes after the merger of Rogers Healy and Associates and New York-based Compass, as Rogers Healy turns his focus to his investment arm, Morrison Seger Venture Partners.
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The lobby of Verily's headquarters at Cypress Waters in Dallas. [Photo: Verily]
Dallas-Based Verily Raises $300M, Ending Alphabet’s Controlling Stake
by Sandra Engelland | Mar 24, 2026
Verily graduated from Google X 10 years ago as one of Alphabet’s earliest “Other Bets," focusing on breakthrough science and health tech innovation. Its new round was led by Series X Capital, with participation from Alphabet, UCHealth, the University of Colorado Anschutz, and other investors.
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by Sandra Engelland |
Mar 23, 2026
Since acquiring a 65% stake in PA Consulting for $2.5 billion in 2021, Jacobs has expanded its reach in advisory, digital, data, and technology-enabled services. Chair and CEO Bob Pragada said full ownership will strengthen its position as a comprehensive partner delivering integrated advisory and technology-enabled solutions at global scale.
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by Sandra Engelland |
Mar 18, 2026
Founded in 2003, PII helps organizations in highly regulated industries—including chemical, petrochemical, oil and gas, nuclear, pharmaceutical, semiconductor, and mining—solve their most complex safety, risk, and reliability challenges, Trinity said.
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by Sandra Engelland |
Mar 17, 2026
The joint venture will be owned equally by Capital Southwest and Trinity Capital, with each firm committing $50 million and holding a 50% equity interest. It will invest primarily in first-out senior secured debt opportunities in the lower middle market.
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